Iren SpA (MIL:IRE) 6-Month Price Index : 0.95 (As of May. 21, 2024)

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What is Iren SpA 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-21), Iren SpA's 6-Month Price Index is 0.95.

Competitive Comparison of Iren SpA's 6-Month Price Index

For the Utilities - Diversified subindustry, Iren SpA's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iren SpA (MIL:IRE) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index

Current Share Price

Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Iren SpA (MIL:IRE) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Iren SpA 6-Month Price Index Related Terms

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Iren SpA (MIL:IRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Iren SpA (MIL:IRE) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

IRDEF:USA IREm:UK 0MUN:UK TZ8:Germany

Address

Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123

Website

https://www.gruppoiren.it

Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.

Iren SpA (MIL:IRE) Headlines

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